Grain, soybean futures seen firmer on fresh demand, supply concern in wheat.
U.S. net farm income is forecast to reach $116.8 billion in 2021, up $22.0 billion (23.2%) from 2020 with the 2020 result up $15.7 billion (19.9%) from 2019.
Corn and soybeans end higher amid ideas price drop may stir fresh export demand, wheat ends mixed.
Grain, soybean futures firmer in corrective recovery from yesterday’s steep declines.
“Risk-off” trade sends global commodities tumbling, sending corn, wheat, soybeans near three-week lows
Soybeans, wheat drop to two-week lows overnight, corn also lower amid heightened Omicron variant concern.
Wheat futures lead grains and soy complex lower amid profit-taking, dollar strength; cattle drop sharply.
Wheat futures expected to extend strength on global supply worries, soybeans firm, corn weaker.
Corn futures settle near five-month high on strong exports, soybeans and wheat lower amid Covid concern.
Grain, soybean futures end lower in pre-holiday liquidation trade, cattle futures post fresh highs on cash strength.

Pro Farmer Editors